Pakistani authorities confirmed the wreckage of K2 Airways Flight KTA1732, a 27-year-old Boeing 737-400 freighter, 53 nautical miles south of Ormara, ending a 12-hour search for five missing crew members. The aircraft, operating from Sharjah to Karachi, reported a navigational system fault at 21:18 PST on 7 July 2026 before executing a rapid descent from 35,000 feet, stalling, and plunging at 22,400 feet per minute into the northern Arabian Sea. This incident marks K2 Airways’ first hull loss since 2018, removing its sole aircraft from service and triggering Pakistan’s first fatal aviation event since the 2020 PIA A320 crash. The Aircraft Accident Investigation Board has opened an ICAO Annex 13 inquiry; no cause is determined, and no survivors are confirmed.